Tata Consultancy Services falls Friday, still outperforms market

Published: Aug. 25, 2023 at 6:32 a.m. ET
Shares of Tata Consultancy Services Ltd. 532540 inched down 0.24% to 3,380.60 Indian rupees Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P BSE Sensex Index 1 falling 0.56% to 64,886.51.
Tata Consultancy Services Ltd. closed 194.40 rupees short of its 52-week high (3,575.00 rupees), which…
Shares of Tata Consultancy Services Ltd.
532540
inched down 0.24% to 3,380.60 Indian rupees Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P BSE Sensex Index
1
falling 0.56% to 64,886.51.
Tata Consultancy Services Ltd. closed 194.40 rupees short of its 52-week high (3,575.00 rupees), which the company reached on February 16.
Despite its losses, the stock outperformed some of its competitors Friday, as MphasiS Ltd.
MPHASIS
fell 2.91% to 2,392.10 rupees and Wipro Ltd.
WIPRO
fell 0.73% to 409.70 rupees.
Trading volume (155,541) eclipsed its 50-day average volume of 94,113.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.